REC: Intimation regarding change in Senior Management. महोदय / महोदया
REC (RECLTD) filed a disclosure titled "Intimation regarding change in Senior Management. महोदय / महोदया". The company is valued at about ₹75,205 crore.
What happened
REC (RECLTD) filed a disclosure with the exchanges on 31 October 2026 at 09:59 AM titled "Intimation regarding change in Senior Management. महोदय / महोदया".
From the filing: "Reason for change Cessation of S hri J ."
Company snapshot
REC is a mid-cap company in the Financial Services sector, with a market value of about ₹75,205 crore.
The stock last traded at ₹285.6, against a 52-week range of ₹283.7–₹387.8 (26.4% below the high).
Before this filing the shares had moved +1.3% over the month and −20.6% over three months. Average daily turnover over the last 20 sessions was about ₹185 crore.
Promoters held 52.63% at the end of Q1 FY27. Foreign institutions owned 15.76% and domestic institutions 16.98%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 14,737 | 4,465.7 | 16.96 |
| Q2 FY26 | 15,153 | 4,414.9 | 16.77 |
| Q3 FY26 | 15,018 | 4,052.4 | 15.39 |
| Q4 FY26 | 14,564 | 3,375.1 | 12.69 |
| Q1 FY27 | 14,435 | 4,192.8 | 15.92 |
What history shows
This is not the company's first management change disclosure: BCEIE has 9 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.5% on average the next trading day and was down 2.8% on average after five days (7 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.3% on average the next day and −0.9% over five days; 48% of them rose the next day.
Market-wide, 4,075 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 22 Sept 2026 | Change in Director(s) of the company. | +0.4% | — |
| 10 Sept 2026 | Intimation regarding change in Senior Management. | −0.4% | −0.6% |
| 8 Sept 2026 | Change in Auditors of the company. | −1.3% | −1.6% |
| 4 Aug 2026 | Change in Senior Management. | −1.8% | −6.0% |
| 1 Aug 2026 | Intimation regarding change in Internal Auditor. | −1.3% | −7.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- REC Limited Loan Book Grew By ₹26,537 Crore In Q2 FY27 To ₹6.17 Lakh Crore.
- REC Q2 Results: Maharatna PSU declares Rs 3.50 dividend, PAT falls to Rs 3,391 crore
- REC Q2 results: Net profit declines 21% YoY to ₹3,478 crore; second interim dividend declared
- REC Q2 results: Net profit falls 21% to ₹3,478 crore, declares interim dividend
- Q2 results 2026 today, schedule: Paytm, Tata Con, REC among 90 firms to announce quarterly earnings | Full list
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.